$541,000
NAL Estimated Property Value1628 Avenue K, Galveston, TX, 77550
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
FlooringWood
Exterior
Lot Size5,158 sqft
Building Information
Year Built1995
Stories1
Roof Type115
Garage Spaces3
Land Information
APN3505-0136-0014-000
Lot Number14
SubdivisionGalveston Townsite
Land UseResidential
Legal DescriptionABST 628 M B MENARD SUR LOT 14 BLK 136 GALVESTON
Census Tract724400
Assessed Land Value$165,120
Assessed Improvement Value$184,880
Assessment Year2025
About this property
A very nice second floor duplex in Galveston’s popular East End. This 2 bedroom unit complete with a formal dining room, large living area, hardwood floors and 10’ ceilings throughout. Bedroom number 2 has a private South facing deck to catch the gulf breeze. Common area washer and dryer. Separate electric meter. Shared water and gas meter billed separately by the owner. The duplex is close to UTMB, downtown’s popular Strand area and the beach
Investor Tools
$541,000
Estimated Property Value
$319,512Estimated Mortgage Balance
$221,488Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,246 /month
Positive
Cash Flow Estimate:
$1,082 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,615
$350,000
2025
$165,120
$184,880
$350,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,615
$350,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbkc Bank
Conventional
$332,500
No
First
Mar 8, 2024
Apr 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,512
$222,488
41%
59%
$1,994/mo
